HB 1096 requires Baltimore City and Maryland counties to include written notice of eligible property tax credits on property tax bills sent to taxpayers. This applies to existing property tax credits (such as those for seniors or veterans) that taxpayers may qualify for but might not be aware of. If someone other than the taxpayer receives the bill, the recipient must forward the notice to the actual taxpayer in writing. The bill does not create new credits but ensures taxpayers receive clear information about existing ones through their tax billing process.
HB 1518 changes Maryland's property tax assessment cycle from every three years to every five years for most real property. This affects all Maryland property owners by reducing how frequently their property values are reassessed for tax purposes. The bill maintains that revaluation is still required if specific events occur, such as zoning changes, major improvements adding $100,000+ in value, or errors in calculation. It also preserves property owners' rights to appeal assessments and request re-inspections during the five-year cycle. The bill amends multiple sections of Maryland's tax code to implement this extended cycle.
HB 1308 modifies Maryland's homeowners' property tax credit program by raising eligibility thresholds. It increases the assessed value cap for qualifying homes from $300,000 to $480,000, raises the income threshold for the first tax credit bracket from $8,000 to $12,500, and raises the combined gross income limit from $60,000 to $95,000. The bill also raises the net worth limit for eligibility from $200,000 to $320,000. These changes will directly affect more middle-income homeowners who previously exceeded the lower limits, expanding access to the credit starting June 1, 2026.
SB 520 allows charter counties in Maryland to set property tax rates above their charter limits - via simple majority vote - to fund public safety budgets (like police and fire services). It requires that any excess tax revenue collected beyond the charter limit must be allocated solely to public safety, not other county programs. The bill applies only to charter counties (e.g., Baltimore County) and mandates annual reporting to the Governor and legislature on tax rates and revenue usage. This changes existing tax rules by creating a specific exemption for public safety funding while maintaining other budget constraints.
HB 1452 establishes the Suitland Development Authority in Prince George’s County to revitalize the Suitland Road and Silver Hill Road intersection area, which has faced decades of underdevelopment and blight. The Authority will create neighborhood revitalization plans with resident input, modify project boundaries (subject to a vote), manage finances, and operate tax-exempt under certain conditions. It directly affects residents and businesses in this specific neighborhood by aiming to boost economic activity, reduce unemployment, retain existing businesses, and increase property tax revenue for the county and state. The bill creates a new government entity focused on targeted neighborhood redevelopment, not broader policy changes.
HB 1273 (Maryland Homeowner Protection and Homestead Tax Credit Portability Act of 2026) modifies Maryland's homestead tax credit system by reducing the maximum credit percentage from 110% to 105% for state and bicounty property taxes. It creates a new "homestead credit portability" feature allowing homeowners who move to a new residence to carry forward a portion of their previous home's tax credit. The portability adjustment calculates a credit based on the difference in taxable assessments between the previous and new dwelling, capped at $500,000 of the new property's assessment. This bill directly affects homeowners who relocate within Maryland and change their primary residence.
HB 1243 exempts all personal property (including manufacturing inventory) owned by small manufacturers in Prince George's County from property tax, specifically targeting businesses with 50 or fewer employees. This policy change directly affects qualifying small manufacturing businesses in the county by eliminating their tax burden on tools, machinery, raw materials, and finished goods. The bill amends existing tax code to create a new exemption under Section 7-226.1, effective June 1, 2026, applying to all taxable years starting after June 30, 2026. It does not alter tax rates but removes property tax liability for qualifying businesses' operational assets.
HB 1088 allows counties and municipal corporations in Maryland to request a review of the assessed value of commercial real property sold to a new owner when the sales price is 20% or more higher than the previous sale price. This bill modifies Maryland’s property tax code to authorize local governments - not individual property owners - to file such petitions with tax supervisors. The key provision requires the Department of Assessments to establish procedures for handling these requests, with hearings scheduled per existing tax appeal rules. It directly affects commercial property transactions meeting the 20% price increase threshold, aiming to adjust assessments for significant value jumps after resale. The bill takes effect October 1, 2026.
SB 812 modifies Maryland's homeowners' property tax credit by raising the income eligibility threshold from $60,000 to $100,000 in the preceding calendar year and adjusting the credit calculation structure. The bill now applies 0% to the first $15,000 of combined income, 3% to the next $7,500, 6% to the following $7,500, and 9% to income exceeding $30,000. This change directly affects Maryland homeowners with combined gross income up to $100,000 who qualify for the credit. The bill takes effect for tax years beginning after June 30, 2026.
HB 805, the Building Homes Act, creates a property tax credit for affordable homes in Maryland. It allows Baltimore City or county/municipal governments to offer tax credits against property taxes for dwellings with mortgages from nonprofit lenders and a 20-year agreement ensuring affordable pricing (including resale restrictions). The credit equals the difference between taxes on the home's full value and the portion covered by the homeowner's first mortgage. This directly affects homeowners in nonprofit-managed affordable housing units, reducing their annual property tax burden starting June 1, 2026.
